U.S. Invests $2 Billion and Takes Stake in Quantum Firms
The Trump administration said it had signed preliminary deals for equity stakes in nine quantum computing companies.
Last updated: 2026-05-21 23:24:45 ET
The Trump administration said it had signed preliminary deals for equity stakes in nine quantum computing companies.
These are the stocks posting the largest moves in midday trading.
The U.S. government is set to provide $2 billion in grants and take stakes in nine quantum-computing companies, the Wall Street Journal reports.
The investment comes as Elon Musk’s AI unit faces complaints about the carbon-emitting units and looks to become a big player in cloud computing.
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